The Sr. Business Control Specialist will provide support to Wholesale Credit Officers for designated regulations which may be applicable during the underwriting/monitoring process.
Responsibilities include but are not limited to:
Providing guidance on required data and/or complete regulatory data inputs (e.g. completion of decision trees, responses to questions for a particular regulation during the underwriting process etc..) to ensure compliance with the designated regulation
Participating with work team developing updates to any Front Line Until (FLU) procedures for the designated regulation
Assisting with validating regulatory reporting and researching Enterprise Independent Testing findings
Assisting with ad-hoc requests and prioritize workload accordingly
Partnering with control partners on annual assessment of Policy and Standards to access impact to the line of business in Wholesale Credit
Note that this role will likely have a focus on the Flood Disaster Protection Act "FDPA"
Qualifications and experiences & Skills and competencies:
3-5 years experience in either credit underwriting, credit operations with a specific focus on collateral preferred
Participant must be detail orientated and demonstrate a high regard for data accuracy
In depth knowledge of all of the requirements for the designated regulation to include comprehensive understanding of the related Policy/Standard and FLU procedures
Strong oral and written communication skills including the ability to communicate effectively with leadership, Compliance, Enterprise Process Oversight (EPO), Audit and Credit Review on a regular basis
Candidate must be highly organized
Experience in credit underwriting, monitoring and collateral analysis and familiar with credit policy and procedures.
Ability to navigate credit agreements, collateral documentation and loan write-ups
Experience with internal bank systems such as GMS, GUS, EDR and Loan IQ
Ability to work independently and self-manage
Strong verbal communication and collaboration skills
Ability to lead and execute with a positive, energetic attitude
Working knowledge of CRA, FDIC High Risk, HVCRE, Reg W, Reg O, Bankruptcy, TDR, and Flood regulations
Shift:1st shift (United States of America)
Hours Per Week:40
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